微观经济学选择题100道答案.docx
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微观经济学选择题100道答案
1.Thescientificmethodisnotapplicabletothestudyofeconomicsbecauseeconomicsisnotatruescience.
A）True
B）False
2.Hypothesesderivedfromeconomicanalysiscanbevalidatedthroughempiricalanalysis,buthardlyeverwithabsolutecertainty.
A）True
B）False
3.Whichofthefollowingstatementsrelatestotheconceptofefficiency?
A）Theabsenceofwaste.
B）Usingresourcesaseffectivelyaspossible.
C）Beingabletoproducemoreofonegoodonlybyproducinglessofsomethingelse.
D）Alltheabove.
E）b.andc.only.
Usethefollowingtoanswerquestion4:
Figure1
4.Figure1displaystheproduction-possibilitiesoftwocountries.Giventhatbothcountriesproducefiveunitsofx,whichofthefollowingbestdescribescountryB'sproductionofy?
A）LessthancountryA'sproductionofy.
B）ThesameascountryA'sproductionofy.
C）MorethancountryA'sproductionofy.
D）Cannotbedeterminedfromthegraph.
E）Noneoftheabove.
5.Massunemploymentofresourcesmeanssocietyoperatesinsideitsproduction-possibilityfrontier.
A）True
B）False
6.Iftwogoodsusethesameresourcesandthesametechnology,theproductionpossibilitiescurvebetweenthetwogoodswillhaveapositiveslope.
A）True
B）False
7.Itisscarcitythatmakesgoodseconomicgoods.
A）True
B）False
8.Whichofthefollowingisthemostbasicofthesubjectswithwhichthestudyofeconomicsmusttrytodeal?
A）Markets.
B）Money.
C）Profitseeking.
D）Thepricemechanism.
E）Scarcity.
9.Poormoneymanagementbythegovernment,asidefromincreasingtheunemploymentrate,willhavearelativelysmalleffectontheeconomy.
A）True
B）False
Usethefollowingtoanswerquestion10:
Figure2
10.InFigure2,whatisCountryB'scostofproducing1unitofxintermsofy?
A）10unitsofy.
B）1/2unitsofy.
C）5unitsofy.
D）2unitsofy.
E）Noneoftheabove.
11.Barterisinconvenientbecause:
A）bargainingpowerisunequalbetweenrichandpoor.
B）withoutmoney,whocandefine"fair"values?
C）mywantsandsuppliesdonotmatchyoursuppliesandwants.
D）itleadstoimperfectcompetition.
E）alloftheabove.
12.Theeconomicroleofgovernmentinmixedeconomiescaninclude:
A）provisionofpublicgoods.
B）taxcollections.
C）incomeredistribution.
D）alloftheabove.
E）noneoftheabove.
13.Bythe"invisiblehand,"Smithmeanttheinfluenceandlobbyingofthehiddeninterestgroups.
A）True
B）False
14.Asocietywhichforgoespresentconsumption:
A）isforcedtodosobecauseofexcessiveconsumptionwithinthecountryinthepast.
B）maybedevotingnewresourcestonewcapitalformation.
C）ismerelydevotingresourcestothereplacementofcapital.
D）expectstoconsumeonlythatamounttomorrowwhichwasforegonetoday.
E）doesnoneoftheabove.
15.Aneconomicgoodisvaluedinpartbyitsscarcity.
A）True
B）False
16.Thestatementthatroundaboutmethodsofproductionareoftenmoreefficientthanmoredirectmethods:
A）meansthatroundaboutmethodsusethesameinputsasmoredirectmethods,exceptfortime,whichisnotascarceeconomicgood.
B）meansthatconsumersoughttochoosethosegoodswhichmostlendthemselvestoroundaboutmethodsofproduction.
C）meansthatthemostroundaboutmethodisalwaysthemostefficientmethodofproducinganyoutput.
D）isfalse,fordirectandindirectmethodsofproductionareusuallythesameintermsofefficiency.
E）suggeststhatforegoneconsumptiondevotedtoinvestmentsometimesincreasesfutureoutputinwaysthatmorecloselymatchindividualand/orsocialdesires.
17.Whichofthefollowingstatementsistrueofspecialization?
A）Specializationisinconsistentwiththeideaofindividualfreedom.
B）Economiesthatpracticeadivisionoflaboraremorallysuperiortothosethatdonot.
C）Inacceptingspecialization,apersonsacrificeshisorherowninterestsforthesakeofsociety'sinterest.
D）Whilespecializationhasenormousadvantages,thecostsoutweighthem.
E）Increasedproductivityismorelikelytobeachievedthroughspecialization.
18.Inanaffluentmodernsociety,businessesmayhavetoofferworkersmorefulfillingjobs.
A）True
B）False
19.Consumersvotetheirdollarsprimarilyin:
A）labormarkets.
B）landmarkets.
C）capitalmarkets.
D）goodsmarkets.
E）noneoftheabove.
20.Anexampleoflegallimitationsonpropertyrightsistheprohibitionofpollution.
A）True
B）False
21.Lowerpricescoaxouthigherquantitiesdemandedalongadownward-slopingdemandcurve.
A）True
B）False
22.Anincreaseinpricewillleadtoalowerquantitydemandedbecause:
A）supplierswillsupplyonlythesmalleramount.
B）qualitydeteriorates.
C）peoplewillpurchaselessofthegood.
D）alloftheabove.
E）noneoftheabove.
Usethefollowingtoanswerquestion23:
Figure3
23.LetP*andQ*representmarketclearingpriceandquantity,respectively.GiventhesupplyanddemandcurvesdrawninFigure3,areductioninthepriceofaninputusedintheproductionofQcanbeexpectedtocause:
A）P*andQ*toclimb.
B）P*toclimbwhileQ*falls.
C）P*toclimbwhileQ*holdssteady.
D）P*tofallwhileQ*climbs.
E）P*andQ*tofall.
Usethefollowingtoanswerquestion24:
Table1
TheMarketforPotatoChips
（quantitiesmeasuredinbagsperweek）
PriceQuantitySuppliedQuantityDemanded
$1.005002000
2.0010001750
3.0015001500
4.0020001250
5.0025001000
24.AccordingtoTable1,theequilibriumpriceforpotatochipsis:
A）$1.00.
B）$2.00.
C）$2.50.
D）$3.00.
E）$4.00.
25.Upward-slopingsupplycurvesaretheresultof:
A）increasingreturnstoscale.
B）increasingcostsofproduction.
C）changesingovernmentpolicies.
D）changesintechnology.
E）noneoftheabove
26.Tosaythataprice"clearsthemarket"istosaythateveryonewhowantsthatcommodityisgettingalltheywant.
A）True
B）False
27.ThepositionofthesupplyscheduleforAmerican-madecarswillnotbedirectlyaffectedbywhichofthefollowing?
A）Unionwagerates.
B）Carprices.
C）Thepossibilityofstrikes.
D）Achangeinassemblytechnology.
E）Alloftheabovewillaffectsupply.
28.Thedemandcurveforanormalgoodwillshifttotherightif:
A）incomeincreases.
B）populationincreases.
C）thepriceofasubstitutegoodincreases.
D）alltheabove.
E）noneoftheabove.
29.Givenafixedsupplyoflambchops,areductioninthepriceofporkchops（closesubstitutes）willtendto:
（这类题比容易出）
A）shiftthedemandcurveforlambchopstotheright.
B）shiftthedemandcurveforporkchopstotheright.
C）shiftthedemandcurveforporkchopstotheleft.
D）raisethepriceoflambchops.
E）lowerthepriceoflambchops.
30.Onereasonthatsupplycurvesdisplaypositiveslopeisthat:
A）expandedproductionmayrequiretheuseofsuperiorresources.
B）peoplearenotwillingtopayahigherpriceformoregoods.
C）expandedindustryoutputmightcausealaborshortageandsubsequentlyincreasethewagerateincludedinthecostofproduction.
D）extraproductionbringsinthemoreefficient,lower-costproducers.
E）thelawofdiminishingreturnsisimportanttoproducers.
31.Ifa1percentchangeinpricecausesa5percentchangeinquantitydemanded,thendemandispriceinelastic.
A）True
B）False
32.Whenevertotalexpenditure（i.e.,totalrevenue）remainsthesameafterachangeinprice,theelasticityofdemandis:
A）greaterthan1.
B）lessthan1.
C）equalto0.
D）equalto1.
E）equaltoinfinity.
33.Ifpriceandquantitysoldbothdecreasefromoneperiodtoanother,wemayinferthatthelawofdownward-slopingdemanddoesnotoperateinthatmarket.
A）True
B）False
（重要）34.In"tight"housingmarkets,rentcontrolsareoftenappliedtoholdthepriceofhousingtoa"reasonable"level.Whatistheimmediateeffectofthispricepolicywithrespecttotheallocativefunctionsofprices,andtherelativeincomesoftenantsandlandlords?
A）Theallocativefunctionofpricesisimpaired,butthetenantsarepreventedfromgainingattheexpenseofthelandlords.
B）Theallocativefunctionofpricesisnotimpaired,andthetenantsarepreventedfromgainingattheexpenseoflandlords.
C）Theallocativefunctionofpricesisimpaired,andthetenantswhofindhousinggainattheexpenseoflandlords.
D）Theallocativefunctionofpricesisnotimpaired,butthelandlordsgainattheexpenseoftenantswhodonotfindhousing.
E）Noneoftheabove.
35.Whichofthefollowinginefficienciesmightbetheresultofmonopolypower'sdestroyingacompetitiveequilibrium?
A）Pricestoohigh.
B）Outputtoolow.
C）Wagesdistortedacrosstheeconomy.
D）Inputpricesdistortedacrosstheeconomy.
E）Alloftheabove.
36.Dollarreceiptsforsellersofsomecommoditieswillbelowerathigherprices.
A）True
B）False
37.Thequantityofagoodwhichapersonwillpurchasewillnotdependonwhichoneofthefollowingitems?
x
A）Thepriceofthegood.
B）Hisorhertastes.
C）Thepricesofsubstitutegoods.
D）Hisorherincome.
E）Theelasticityofsupply.
Usethefollowingtoanswerquestion38:
Figure4
38.RefertoFigure4onceagain.SupposethatnowthedemandcurvehasshiftedtoD'D'.AtwhatpointalongD'D'ispriceelasticityequalto1?
A）G
B）betweenGandH.
C）H.
D）betweenHandI.
E）I.
39.Rankthesupplycurvesinthefigurebelowinorde
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